Punchout Catalog is commonly known as Punchout website. It is a method of integrating customer for web site development with the help of catalogs. Watch this PPT and Contact us for more.
PunchOut catalog and CIF catalog are the two different ways by which a supplier communicates with buyers about his products and services. Although CIF catalog is easier to implement, it comes with a lot of limitations, hence can be a cause of great headache in the long run for both the supplier and the buyer.
The fact that the protocol connects your procurement system with a remote site gives plenty of benefits. A CIF catalog fails to connect to an external site; this issue can be easily addressed with PunchOut. For large customers, arriving at the supplier’s site has never been so easy before.
B2B customers are very happy when they are given access to PunchOut-enabled sites. This is because the protocol allows customers to place orders without leaving their procurement system.
SAP, Oracle and Coupa are some of the popular vendors that provide PunchOut services. So whether you use SAP or Oracle Procurement PunchOut, buyers will reap the following advantages.
A PunchOut catalog solution makes it easier and faster for buyers to conduct transactions with your ecommerce site. Greater spend visibility and control across organization is one of the main advantages that customers can reap from using this feature.
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With PunchOut Ariba catalog simplifying the purchasing process and offering a user-friendly shopping experience, there is no reason why your customers would go to your competitors.
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PunchOut / Roundtrip is getting more popular than ever. More and more buyers now want their supplier to be able to PunchOut to their Procurement system which gives them obvious cost advantage by avoiding double entry and also it helps them manage their procurement better with the built in complex workflows.
The fundamental difference between level 1 and level 2 Ariba PunchOut catalog lies in their search capability. Consider this: A B2B buyer is connected to multiple suppliers and each supplier is providing his own PunchOut catalog to the buyer. So one can say that the buyer is connected to multiple PunchOuts.
Level 1 PunchOut Catalog enables them to promote their products. For instance, the supplier can implement upsell and cross-sell strategies, display discount offers in PunchOut catalog and increase sale.
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As a supplier, you might be looking for ways to handle your B2B customers effectively. Add convenience to your ordering process and make your customers’ buying experience a delight by offering PunchOut catalog solution for your customers’ ecommerce store. A PunchOut can take your VAR business to a new level and enable you to deliver more value to your customers.
As a VAR, you should choose a solution provider that offers PunchOut with a range of procurement systems. So whether your customer wants an Oracle iProcurement PunchOut or a PeopleSoft PunchOut Catalog, it shouldn’t be a concern for you.
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A PunchOut catalog that establishes a direct connection between the supplier’s website and the customer’s procurement system helps to ease the purchasing process.